WECA APPRENTICESHIP AND TRAINING TRUST (EIN 680278247) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1937

Legal Domicile

Principal Officer

MATT LIEFER

Phone

9164530112

Tax Period

2023-09-01 to 2024-08-31

WECA APPRENTICESHIP AND TRAINING TRUST, founded in 1937, is a mid-sized nonprofit in the Employment sector that reported $10.8M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.5M, a strong 32% operating margin.

Mission

APPRENTICE TRAINING PROGRAM FOR ELECTRICAL WORKERS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $209,912

Program Service Revenue $8,883,808

Investment Income $1,741,760

Other Revenue $0

TOTAL REVENUE $10,835,480

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,212,489

Fundraising Expenses $0

Other Expenses $5,119,047

TOTAL EXPENSES $7,331,536

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,835,480	$7,867,293	+0.4%
Expenses	$7,331,536	$6,580,562	+0.1%
Net Income	$3,503,944	$1,286,731	+1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$375,347

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG ANDERSON	CHAIRMAN (THRU AUG 2024)	1.00	Officer Director	$0	$0	$0
IAN VAN DER LINDEN	TRUSTEE	1.00	Director	$0	$0	$0
DARIN JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW LIEFER	TRUSTEE	1.00	Director	$0	$0	$0
LESLIE SCHLAEGEL	TRUSTEE	1.00	Director	$0	$0	$0
DRU WELLS	TRUSTEE	1.00	Director	$0	$0	$0
CODY EATON	TRUSTEE	1.00	Director	$0	$0	$0
TERRY SEABURY	EXECUTIVE DIRECTOR (THRU MARCH 2024)	5.00	Officer	$0	$9,255	$243,870
DON BLACK	EXECUTIVE DIRECTOR (AS OF MARCH 2024)	17.00	Officer	$0	$18,144	$131,477

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$10,835,480	$7,331,536	$37,485,581	$3,503,944
2023	$7,867,293	$6,580,562	$33,059,993	$1,286,731
2022	$7,295,536	$6,020,430	$23,898,298	$1,275,106
2021	$6,995,702	$5,535,599	$26,515,856	$1,460,103
2020	$6,446,917	$4,229,707	$22,591,062	$2,217,210
2019	$5,900,526	$4,104,268	$18,510,789	$1,796,258
2018	$5,129,544	$2,959,890	$16,870,397	$2,169,654

WECA APPRENTICESHIP AND TRAINING TRUST